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Cattle

Most national cattle indicators trending sideways this week as East coast throughput and slaughter (from the week prior) are largely unchanged. The Eastern Young Cattle Indicator (EYCI) indicative of the broader market with a mere 0.3% gain to see it close at 651.75¢/kg cwt. East coast...

Key points: Annual average price correlations between US Live Cattle and National Heavy Steers is showing that local prices are less overvalued than during 2016 The continued rebound in US Live Cattle futures through March/April 2017 has meant that, on a monthly basis, average local...

Cattle prices received a welcome bounce this week as yardings declined from their post short week lows.  This is following a week when slaughter reached a 2017 high.  It looks like we might have seen the May low, with a question of how far is...

Weekly east coast cattle slaughter draws closer to this seasons peaks and throughput eases as producers respond to lower cattle prices with all national cattle indicators and the Eastern Young Cattle Indicator (EYCI) all registering declines this week. In contrast to the declining throughput and price...

On Tuesday Mecardo published the semi-regular look at processor margins on slaughtering cows.  The model confirmed that processors are still struggling, with the cost of the cow and processing outstripping the value of the meat and co-products produced.  We thought we take a look at...

Key points: The broad price trend for F1 Wagyu steers and heifers mirrors the EYCI movements, with a moderately strong correlation between the two price series present. The average premium spread for F1 Wagyu over EYCI cattle since mid-2015 has been 83%. F1 Wagyu prices...